https://www.taxtmi.com/caselaws?id=788370 Re assessment proceedings for AY 2015 16 are time barred because the provisos governing limitation and the additional sixty day extension yield a last date of 19.02.2024, by which no order was passed. The principle applied is that extended limitation applies only where a prior order contains a substantive finding or direction necessary to dispose of the case and which governs the course of assessment; procedural remands that merely set timelines, permit objections or require personal hearings and expressly disclaim merit do not qualify as such findings or directions. Result: reassessment barred and petition allowed in favour of the assessee. en-us Thu, 12 Mar 2026 00:00:00 +0530 Thu, 19 Mar 2026 13:30:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788370 Re assessment proceedings for AY 2015 16 are time barred because the provisos governing limitation and the additional sixty day extension yield a last date of 19.02.2024, by which no order was passed. The principle applied is that extended limitation applies only where a prior order contains a substantive finding or direction necessary to dispose of the case and which governs the course of assessment; procedural remands that merely set timelines, permit objections or require personal hearings and expressly disclaim merit do not qualify as such findings or directions. Result: reassessment barred and petition allowed in favour of the assessee. Case-Laws Income Tax Thu, 12 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788370